Money and the Spirit of the Universe

download-17Many give God the name The Universe and that is pretty close to my knowledge of it. Experience of reincarnation and with a link to the Spirit it appears to me that it is in everything and everywhere and that it controls the money side of humanity. It would, therefore, be using money to create greed, to devastate the environment, to deplete resources, and to pollute the atmosphere. It has also used it as a commodity that mankind cannot do without. So why do we have it?

With my limited knowledge and as a result of my research it appears that money is a tool used by the Spirit to bring about the disasters that have beset the world. They include the weapons used to kill us. It is also the reason for the depletion of resources that is destroying the environment, polluting the atmosphere, and causing an extinction of species.

Animals survive happily without any to these things and perhaps that is the yardstick by which we should measure how money and the Spirit of the Universe are working against us. Money is an invention and like all other inventions it was meant to make life easier, but for whom?

Governments are dependent on money for their survival. They use it to build a country’s wealth and provide services. Those same benefits help to increase the population and improve health to the point where the great explosion is now more than the earth can cope with, or so it seems.

The evidence is in the way human behaviour changes. With the increase in numbers human life becomes less valuable. Fights break out more readily and wars are inevitable. As the resources dwindle, thanks to an over-consumption of them, countries that once drew large incomes from them are failing. An example of that is Venezuela which is now bankrupt.

Climate change and global warming are the consequences of this ‘better life’ that money provides and suddenly it seems that we don’t have the answers after all.

The question becomes ‘why has God allowed money to destroy the world?’ The answer is obvious when one considers how little thought many give to what they are doing when they over-fish the oceans, turn soil into salt by over production of food, and burn fossil fuels to the extent whereby the atmosphere is now poisoning us.

Surely these things were meant to be as one reads about them in the Old Testament prophecies. The thing that many can’t get their head around, however, is why is it happening in our lifetime? The answer might lie in what is happening in the world of finance.

Article Source: http://EzineArticles.com/9447273

Do Financial Services Agents & Brokers Need Wakeup Advice?

download-18Agents in the financial services sector play a crucial role in sustaining the business. Financial services encompass broad sub verticals like – banking, insurance, and investment funds companies where their crucial role like building relationships and getting business volumes cannot be underestimated.

Personalized sales are the approach set by agents and brokers for decades. They carry a lot of information on products, markets, and prices. But after the IoT, big data and analytics came to the center stage, it became imperative for agents and brokers to stay relevant. The mobile customers supported by mobile workforce of businesses are posing existential threats to agents and brokers. Many may wonder – is this the end of the road for brokers and agents?

Financial services honchos may consider eliminating the role of agents attracting new prospects with reduced premium or discounts. But wait a bit more before you send the execution order as they have the firepower still. It is into this area focused study is required.

Can Agents Stay Relevant?

Now the question before us is, are agents and brokers relevant? First of all they have time tested relationship with a large number of accounts whom they assiduously nurtured. Today, the brokers themselves are mobile and know the IT tools to nurture their audience. With the help of IT apps on their mobile they go for client acquisition faster. In this process, they:

• Contact their prospects and educate them about the products.
• Provide valuable pieces of advice on most feasible product for them.
• Evaluate the performance of securities.
• Build relationship after gaining an understanding on every aspect of customer relationships.

We are coming to the important aspect. Today technology obsolescence is making the role of agents irrelevant. To some extent it is true if the mobile customers make a total shift from agents and have direct interaction with the company. But the question is how feasible is that idea. We all know in our busy schedules, giving priority be it paying premium or buying stocks may not be appealing to all with a few exceptions. The reason behind this is people are not that self motivated and agents step into this gap with their relationship nurturing skills.

In areas like spending money people are little scary as well as slow decision makers. This cannot be construed as weakness but in fact it is wisdom as sensible ones do lot of research and thinking before they take the plunge. What does this mean for the financial services sector? Financial sector services may be enthusiastic about IT tools which helps the customers to take informed decisions. But what is the exact scenario? People will do all research with the tools on mobile but many will be unlikely to take the final purchase decision because there is a need for a resource person to give relevant and contextual information on products and services. This should be followed by the ability to close the deal once the curiosity level is raised to the highest. Who can replace agents or brokers who had been doing this for decades?

So, now the readers might have understood the value of agents in clinching the deal. Getting business is not an ordinary deal. It requires a lot of effort, constant follow up on clients to arrive at a decision. Just SMS alerts won’t do the trick. Having said this, let us consider how the agents can be used creatively with technology in this era of technology disruption. We also need to consider how agents can be empowered with technology and how.

Agents Can Be on Survival Mode with IT Tools

To survive in today’s volatile markets, what is most needed is actionable information. Agents who are working overtime in building relationships and closing deals definitely require latest IT tools, to be specific BI, big data and analytics tools to take key decisions. In the case of insurance, BI tools can help the agents and brokers to derive key insights on customers and understand their inclination to offer customized products or solutions. BI dashboards will help them to manage relationships effectively. So is the case with banking and investment companies who hire third parties for business development.

Application of analytics comes in different areas like content analytics, context analytics and business analytics. In content analytics unstructured data like call center logs, sensor data, audio, video data can be analyzed to track trends, customer responses, etc. In context analytics data is analyzed to understand the context which is vital to take context based decisions. In business analytics patterns, behaviors or trends are discovered through statistical analysis. Last but not least is predictive analytics where application of techniques like statistical analysis, regression analysis, correlation analysis, cluster analysis, social media analytics etc., are applied for new product development.

Agents are catalysts in information gathering as they move with people and trigger discussions on products and services. Because of this stronger reason, one cannot conclude that agents are on their way out in the disruptive technology era. But at the same time agents should take recourse to IT for their survival as well as the survival of financial services businesses. Let time tell the rest.

Article Source: http://EzineArticles.com/9463544

What Are The Services Of A Reliable Financial Adviser?

download-19Almost all individuals face financial problems that can affect their financial stability and future. It gets even worse if you need to deal with numerous issues that can affect the financial status of your business. Luckily, there are now ways to deal with these issues easily. And, this is by working with a financial adviser. With these experts in financing, you can deal with all of your financial problems easily since they offer numerous services. Below are some of the following.

Retirement Planning

One of the best services a financial adviser can offer is retirement planning. After years of working, retirement is the time when individuals can enjoy their life. Unfortunately, there are cases when individuals cannot create a good retirement since they cannot manage financial issues properly. Luckily, financial advisers can provide you with a reliable retirement plans that can match your needs from traveling, investing and even maintaining your lifestyle.

Tax Advice Services

Managing taxes can be a huge task individuals need to do annually which can consume most of your time. This task can be even harder if you need to deal with business taxes. Eventually, financial advisers provide tax advice services to guide you in the entire process. In addition, experts can also help you ensure that you get most out of your tax returns.

Loans

There are some instances when individuals need huge amount of money to match their needs from buying a house or a car up to investing in assets up to funding educational needs of children. And, the best option to match your needs is to apply for a loan. However, applying a loan can sometimes be daunting since you need to pass all the requirements needed. But, if you want to have better loan options, it is best to work with financial advisers.

Insurance

Another wonderful service financial advisers offer that can help improve your financial status is insurance services. These services are important to protect your financial future against unexpected events. With the help of advisers, individuals can make sure that they can organize a cost-efficient insurance that is tailored to your needs.

Investment Advice

Finally, financial advisers can also provide you with investment advice services. These services are crucial to have a solid financial investment plan to help you secure your future.

Article Source: http://EzineArticles.com/9449475

What Services Of The Best Banks To Look For Before You Open A Business Account

As of now, there are numerous services company owners need to opt for in order to make their business better and their ventures easier. With these solutions, business owners can also increase their profits. These third-party services can also provide you with wonderful benefits which can help your company achieve your goals. So, in order to accomplish financial tasks companies need, it is ideal to partner with the best banks and open a business account.

Surely, there are numerous banks that offer reliable services for their clients. However, you can distinguish which bank is best if you want to open a business account by knowing the benefits it can provide. Below are some of the features you need to look for.

Help you improve your businesses’ financial status

One of the benefits of opening a business account in reliable banks is you can easily improve your business’ financial status. This is essential to entice companies to partner or to work with you. Unfortunately, not having sufficient finances can affect your chances. By opening a business account, banks can help you attain the documentation and finances you need which can help improve your reputation.

Banks that make use of difference financing services

The next benefit of opening business accounts is you can make use of difference financing services. Surely, business owners may encounter numerous problems most especially financial issues. Therefore, business owners need to find ways to ensure that their finances will not be affected. By working with banks, company owners can properly choose a financial service which can match their company needs.

Allow you to keep your business consistent

Another feature of opening a business account is you can keep your business consistent. For instance, paying bills and receiving payments are some of the most common tasks business owners need to do in order to have consistent business flow. Sadly, these tasks can sometimes be stressful since you need to make sure that your personal and business accounts are separated to help you audit your expenses efficiently.

Offer effective supply chain solutions

Lastly, opening a business account can also help you obtain supply chain solutions. Supply chain solutions are important since these are specially designed to help you optimize your working capital, reduce your expenses, and have better visibility and control over receivables. With this, you can enhance business performance.

Article Source: http://EzineArticles.com/9483098